Mayer House, Chatham Place, Reading, Berkshire, RG1
PR

Mayer House, Chatham Place, Reading, Berkshire, RG1

By Prospect Estate Agency

£ 250,000

Reviews

2 out of 5 stars

Prospect Estate Agency says ..

NO ONWARD CHAIN COMPLICATIONS Set on the outskirts of Reading town centre, this larger than average second floor apartment is set within the popular Chatham Place development. Ideal for first time buyers and investment buyers alike, the accommodation comprises an entrance ha...

Property Oracle says ..

This 2-bedroom apartment in Reading, Berkshire is listed for £250,000. The property’s location in the Abbey area offers convenient access to Reading town centre, with its array of shops, restaurants, and entertainment options. The proximity to Reading train station provides excellent connectivity to London and beyond. Several well-regarded schools within a reasonable distance make this an attractive option for families. While the apartment’s condition appears satisfactory, some minor updating might improve its overall presentation. The kitchen and bathroom show signs of use, and the photos suggest a relatively standard finish. A notable drawback is the apparent lack of any private outdoor space, which is typical of apartments in this area. The price appears competitive for a two-bedroom apartment in Reading, though more information about the apartment’s internal dimensions and exact features would be necessary for a precise value assessment. Overall, this property presents a reasonable opportunity for first-time buyers or investors looking for a convenient location in a thriving town. Prospective buyers should carefully inspect the property to assess its suitability to their needs and conduct thorough market research to compare prices in the surrounding areas.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
827.85

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
350,323.00 £
Decreased by 1.18 %
from 354,508.00 £
Est sale value
356,803.35 £
Increased by 20.73 %
from 295,542.45 £
Average area rental value
1,334.00 £/mo
Decreased by 2.49 %
from 1,368.00 £/mo
Est letting value
827.85 £/mo
Unchanged by 0.00 %
from 827.85 £/mo
Est rental Yield
4.57 %
Decreased by 1.30 %
from 4.63 %
Crime Rate
12.00 %
Unchanged by 0.00 %
from 12.00 %

Agent Activity

  • Prospect Estate Agency marked this listing as sold.

  • Prospect Estate Agency created the listing.

Nearby Schools

NameTypeOfstedDistance
Civitas AcademyAcademy Sponsor LedGood0.25 KM
Coley Primary SchoolCommunity SchoolGood0.67 KM
Oxford Road Community SchoolCommunity SchoolGood0.76 KM
E P Collier Primary SchoolCommunity SchoolGood0.80 KM
All Saints Church Of England Aided Infant SchoolVoluntary Aided SchoolGood1.02 KM

Images

Front Picture No. 11 Picture No. 14 Picture No. 10 Picture No. 12 Picture No. 13

Nearby Streets

NameAverage PriceAverage SqftDistance
Alfred Street £ 243,33300.00 KM
Phoenix Place £ 165,00000.00 KM
Windrush Roundabout £ 000.00 KM
Marshall Close £ 000.00 KM
Jesse Terrace £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Reading3149RDG0.97 KM
Reading West3160RDW1.12 KM
Tilehurst3154TLH5.79 KM
Earley5694EAR7.04 KM

Nearby Listings

AddressPriceTypeScoreDistance
Mayer House, Chatham Place, Reading, Berkshire, RG1 £ 250,000BUY5 / 100.00 KM
Mayer House, Chatham Place, Reading, RG1 7AN £ 55,000BUY6 / 100.01 KM
Chatham Place, Reading £ 395,000BUY8 / 100.04 KM
Chatham Place, Reading, Berkshire, RG1 £ 210,000BUY5 / 100.04 KM
Halcyon, Chatham Place, Reading, Berkshire, RG1 £ 220,000BUY6 / 100.05 KM

Nearby Properties

AddressPriceDistance
100 Oxford Road £ 214,0000.04 KM
109 Oxford Road £ 435,0000.08 KM
17 Stratheden Place £ 235,0000.17 KM
43 Stratheden Place £ 230,0000.17 KM
7 Stratheden Place £ 140,0000.17 KM